Investors Purchase High Volume of Carrier Global Put Options (NYSE:CARR)

Carrier Global Corporation (NYSE:CARR) was the target of unusually large options trading on Thursday. Stock traders bought 18,275 put options on the stock. This represents an increase of approximately 189% compared to the typical volume of 6,314 put options.

Analysts Set New Price Targets

Several brokerages have issued reports on CARR. Wolfe Research reissued an “outperform” rating and issued a $80.00 price objective on shares of Carrier Global in a research note on Thursday, July 9th. JPMorgan Chase & Co. began coverage on shares of Carrier Global in a report on Friday, October 9th. They issued a “neutral” rating and a $61.00 target price on the stock. Deutsche Bank Aktiengesellschaft dropped their price target on shares of Carrier Global from $71.00 to $64.00 and set a “hold” rating on the stock in a research note on Wednesday, September 30th. Citigroup increased their price target on shares of Carrier Global from $79.00 to $80.00 and gave the stock a “buy” rating in a report on Monday, July 13th. Finally, Royal Bank Of Canada reduced their price objective on shares of Carrier Global from $82.00 to $72.00 and set an “outperform” rating for the company in a research report on Wednesday, October 14th. Eleven research analysts have rated the stock with a Buy rating and nine have given a Hold rating to the stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $70.43.

Hedge Funds Weigh In On Carrier Global

Hedge funds have recently bought and sold shares of the company. Integrity Alliance LLC. raised its stake in shares of Carrier Global by 7.3% in the 3rd quarter. Integrity Alliance LLC. now owns 21,115 shares of the company’s stock valued at $1,158,000 after acquiring an additional 1,441 shares during the period. Oregon Public Employees Retirement Fund boosted its position in Carrier Global by 5.5% during the 3rd quarter. Oregon Public Employees Retirement Fund now owns 101,289 shares of the company’s stock worth $5,557,000 after purchasing an additional 5,310 shares during the period. Capital Management Corp VA boosted its position in Carrier Global by 22.4% during the 3rd quarter. Capital Management Corp VA now owns 153,035 shares of the company’s stock worth $8,396,000 after purchasing an additional 28,051 shares during the period. Welch Group LLC boosted its position in Carrier Global by 10.3% during the 3rd quarter. Welch Group LLC now owns 169,400 shares of the company’s stock worth $9,293,000 after purchasing an additional 15,755 shares during the period. Finally, Mirae Asset Global Investments Co. Ltd. acquired a new stake in Carrier Global in the 3rd quarter valued at $12,058,000. 91.00% of the stock is owned by hedge funds and other institutional investors.

Carrier Global Stock Performance

NYSE:CARR opened at $55.43 on Friday. The firm’s fifty day simple moving average is $56.50 and its 200-day simple moving average is $61.72. The company has a quick ratio of 0.72, a current ratio of 1.02 and a debt-to-equity ratio of 0.77. The stock has a market cap of $45.69 billion, a PE ratio of 38.49, a price-to-earnings-growth ratio of 1.92 and a beta of 1.29. Carrier Global has a fifty-two week low of $50.24 and a fifty-two week high of $76.76.

Carrier Global (NYSE:CARR) last released its quarterly earnings data on Thursday, October 29th. The company reported $0.87 EPS for the quarter, topping analysts’ consensus estimates of $0.76 by $0.11. Carrier Global had a net margin of 5.52% and a return on equity of 14.68%. The firm had revenue of $6.26 billion for the quarter, compared to the consensus estimate of $6.09 billion. During the same quarter in the previous year, the firm earned $0.67 earnings per share. The firm’s revenue was up 12.3% on a year-over-year basis. Analysts expect that Carrier Global will post 2.87 earnings per share for the current fiscal year.

Carrier Global Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Wednesday, November 18th. Stockholders of record on Thursday, October 29th will be given a dividend of $0.24 per share. This represents a $0.96 dividend on an annualized basis and a dividend yield of 1.7%. The ex-dividend date is Thursday, October 29th. Carrier Global’s dividend payout ratio (DPR) is presently 66.67%.

Key Carrier Global News

Here are the key news stories impacting Carrier Global this week:

• Positive Sentiment: Carrier reported third-quarter adjusted EPS of $0.87, above the $0.76 consensus estimate, while revenue rose 12% year over year to $6.26 billion, exceeding expectations of $6.09 billion. Carrier Reports Third Quarter 2026 Results
• Positive Sentiment: Demand trends were especially strong: total orders increased about 35%, commercial HVAC orders climbed approximately 60%, and data-center orders surged roughly 300%. Carrier also reported a record backlog exceeding $8.5 billion and signed multibillion-dollar long-term agreements with minimum volume commitments. Carrier Q3 2026 Earnings Call Highlights
• Positive Sentiment: Management raised its 2026 sales outlook, supported by HVAC demand, the backlog and tariff refunds. Operating cash flow was $813 million, free cash flow was $674 million, and the company returned approximately $600 million to shareholders through dividends and repurchases. Carrier Q3 Earnings and Sales Beat
• Neutral Sentiment: Carrier announced a more than $600 million expansion, which could increase capacity for data-center and HVAC growth but may also require substantial near-term investment. Carrier Announces Expansion
• Negative Sentiment: GAAP EPS was a loss of $3.16, primarily reflecting a goodwill impairment charge. Although noncash, the charge can weigh on sentiment and highlights execution or asset-value concerns. Carrier Goodwill Impairment Charge
• Negative Sentiment: Unusually heavy put-option activity—18,275 contracts, about 189% above average—signals increased near-term hedging or bearish speculation. CARR also trades at a relatively high trailing P/E, while tariff and other cost pressures remain risks.

Carrier Global Company Profile

Carrier Global Corporation (NYSE:CARR) is a global provider of intelligent climate and energy solutions. The company develops and manufactures heating, ventilation and air-conditioning (HVAC) systems, refrigeration equipment, building automation technologies and related controls and services for residential, commercial and industrial customers.

Its offerings include air conditioners, heat pumps, furnaces, boilers, chillers, ventilation systems, refrigeration systems and building management solutions.